On September 16, carbon black concept stocks collectively changed. Dragon Star Technology and Black Cat shares rose and stopped, while Yongdong shares and Lianke Technology rose at the same time. Recently, the domestic carbon black market has ushered in a round of explosive growth, and prices for mainstream products have broken through historical thresholds one after another. As of September 16, the Benchmark price of carbon black was 12778.57 yuan/ton, up 39.77% from the beginning of the month. “Affected by the tightening supply of upstream raw coal, such as main coking coal and coal blending, and strong coal prices, the production costs of coking companies remain high and continue to fall into a state of loss. In order to control losses and optimize production efficiency, most coking companies have taken the initiative to reduce production loads and extend equipment maintenance cycles, and the overall operating rate of the industry has declined sharply.” An industry insider reporter said. The contraction in production capacity directly led to a sharp drop in the output of coal tar by-products, drastic reduction in market commodity circulation, and continued low spot inventories. The price of coal tar began a rapid rise pattern and continued to rise. The sharp rise in raw material costs has raised the overall production costs of carbon black enterprises, formed a strong logic that costs drive price increases, and provided core support for carbon black price increases.

On September 16, carbon black concept stocks collectively changed. Dragon Star Technology and Black Cat shares rose and stopped, while Yongdong shares and Lianke Technology rose at the same time. Recently, the domestic carbon black market has ushered in a round of explosive growth, and prices for mainstream products have broken through historical thresholds one after another. As of September 16, the Benchmark price of carbon black was 12778.57 yuan/ton, up 39.77% from the beginning of the month. “Affected by the tightening supply of upstream raw coal, such as main coking coal and coal blending, and strong coal prices, the production costs of coking companies remain high and continue to fall into a state of loss. In order to control losses and optimize production efficiency, most coking companies have taken the initiative to reduce production loads and extend equipment maintenance cycles, and the overall operating rate of the industry has declined sharply.” An industry insider reporter said. The contraction in production capacity directly led to a sharp drop in the output of coal tar by-products, drastic reduction in market commodity circulation, and continued low spot inventories. The price of coal tar began a rapid rise pattern and continued to rise. The sharp rise in raw material costs has raised the overall production costs of carbon black enterprises, formed a strong logic that costs drive price increases, and provided core support for carbon black price increases.